THE GARTNER SUPPLY CHAIN TOP 25 FOR 2020

2020-05-20 15:44:59

THE GARTNER SUPPLY CHAIN TOP 25 FOR 2020

Key findings

• Major methodology changes were introduced in 2020, including a conversion to return on physical assets (ROPA) from return on assets (ROA), a reduction in the weighting of the inventory measure and an increase in weighting to the environmental, social and governance (ESG) (previously corporate social responsibility [CSR]) measure.

• Six new companies joined this year’s list — Lenovo, AbbVie, British American Tobacco, Reckitt Benckiser, Biogen and Kimberly-Clark.

• The three key factors that differentiated leading supply chains this year were being purpose-driven organizations, business model transformers and digital orchestrators.

• Similar to last year, a new No. 1 emerged. For 2020 Cisco Systems claimed the No. 1 spot, followed by Colgate-Palmolive, Johnson & Johnson, Schneider Electric and Nestlé. The 2020 Masters are Amazon, Apple, McDonald’s, P&G and Unilever.

Recommendations

Chief supply chain officers (CSCOs) and supply chain leaders can learn from the strategy and leadership of the top global supply chains, and:

• Clearly define and communicate your supply chain’s broader purpose in the world to inspire customers, employees and partners to act ethically and sustainably in support of the global community.

• Position your organization to be a disruptor by infusing agility into existing capabilities or acquiring startups offering the expertise and DNA necessary to compete in new or reinvented markets.

• Create a digital orchestration culture in your organization by investing in rapid and open innovation that is sourced from both internal talent and external partners with specialized skills and technologies. The Gartner Supply Chain Top 25 for 2020 4 Table

Read full article here.